Inc. Magazine Unveils Exclusive List of America's Fastest-Growing Private Companies - the Inc. 5000
WELLS MANUFACTURING Ranks No. 943 on the 2009 Inc. 5000 with Three-Year Sales Growth of 322.6%
NEW YORK, August 12, 2009 - Inc. magazine today ranked WELLS MANUFACTURING No. 943 on its third annual Inc. 5000, an exclusive ranking of the nation's fastest-growing private companies. The list represents the most comprehensive look at the most important segment of the economy-America's independent-minded entrepreneurs. Consumer electronics maker Vizio, Internet giant GoDaddy, rental car service Zipcar, and beverage maker Honest Tea are among the prominent brands featured on this year's list.
"Savvy trend spotters and those who invest in private companies know that the Inc. 5000 is the best place to find out about young companies that are achieving success through a wide variety of unprecedented business models, as well as older private companies that are still expanding at an impressive rate," said Inc. 5000 project manager Jim Melloan. "That's why our list is so eagerly anticipated every ear."
Wells Manufacturing, a tech driven company specializes in offering CNC precision machining services for clients that require regular or periodic production of custom machined components. We bring value to our clients by improving or enhancing throughput once components are ready for the production stage. According to Ms. Wells, Company CEO, "companies involved in the manufacturing process must continuously look for avenues to do things better at less cost. Costs for everything in America may be increasing, however unit costs have been pushing downward for some time. Our company has recognized that to succeed we must continue to look for avenues to do a better job for our clients".
The 2009 Inc. 5000, unveiled today on Inc. com, serves as a unique report card on the U.S. economy. Despite the ongoing recession, aggregate revenue among the companies on the list actually increased to $214 billion, up $29 billion from last year, with a median three-year growth rate of 126 percent. The Inc. 5000 are responsible for creating more than 1 million jobs since their founding, making the list perhaps the best example of the impact private, fast-growing companies can have on the economy. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found on Inc.com.
